Steemit is bringing blockchain to social media and rewards users for the valuable content they post

According to Steemit co-founders, social media users deserve to be rewarded for the value they bring to the web. A lot of very valuable content is created every day on social media. Steemit offers its users the possibility to earn Bitcoins as they upload content.

Steemit went live in June 2016, currently on Beta version.

Concept

Steemit is a social media platform that enables users to get paid as they upload content or when they share and like others’ content

Steemit does not operate like a typical social media platform as it is a mix between an ordinary social network and a blog based on blockchain technology. There is no control over the content, the users judge themselves the quality of the content by sharing or commenting the posts